European Union | Imports and Exports | World | Copper wire | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
The value of exports of commodity group 7408 "Copper wire." from European Union totalled $ 3.08 billion in 2023. Sales of commodity group 7408 from European Union went up by 14.5% compared to 2022: exports of commodity group 7408 "Copper wire." went up by $ 392 million (cumulative exports of commodity group 7408 from European Union amounted $2.69 billion in 2022)
Exports of commodity group 7408 "Copper wire." amounted to 0.111% of total exports from European Union (cumulative merchandise exports from European Union totalled $ 2.76 trillion in 2023). The share of commodity group 7408 in total exports from European Union increased by 0.004 p.p. compared to 2022 (it was 0.107% in 2022 and cumulative exports from European Union were equal to $ 2.5 trillion).
Exports of commodity group 7408 amounted to 19.2% of total sales of group "" from European Union in 2023 (the value of exports of commodity group from European Union amounted to $16 billion in 2023). The share of exports of commodity group 7408 in sales of commodity group from European Union increased by 1.37 p.p. compared to 2022 (it was 17.8% in 2022, and exports of commodity group from European Union were $15 billion).
Where does European Union export Copper wire.?
Top export destinations of "Copper wire." from European Union in 2023:
- Morocco with a share of 26% (833 million US$)
- Switzerland with a share of 11.5% (356 million US$)
- United Kingdom with a share of 10.7% (331 million US$)
- Serbia with a share of 8.03% (248 million US$)
- Bosnia and Herzegovina with a share of 5.3% (164 million US$)
- Turkey with a share of 4.67% (144 million US$)
- Tunisia with a share of 3.73% (115 million US$)
- Honduras with a share of 3.31% (102 million US$)
- USA with a share of 3.21% (99 million US$)
- Norway with a share of 2.79% (86 million US$)
Exports structure of 7408 - Copper wire. - from European Union in 2023 represented by the following main commodity groups:
- 82% (2.55 billion US$): 740811 - Copper wire, of ref. copper of which the maximum cross-sectional dim. exceeds 6mm
- 10.5% (325 million US$): 740819 - Copper wire, of ref. copper (excl. of 7408.11)
- 3.29% (101 million US$): 740829 - Wire of copper alloys (excl. of 7408.21 & 7408.22)
- 2.23% (68 million US$): 740821 - Wire of copper-zinc base alloys (brass)
- 1.22% (37 million US$): 740822 - Wire of copper-nickel base alloys (cupro-nickel)/copper-nickel-zinc base alloys (nickel silver)
The value of imports of commodity group 7408 "Copper wire." to European Union totalled $ 868 million in 2023. Sales of commodity group 7408 to European Union decreased by 3.41% in value terms compared to 2022. imports of commodity group 7408 "Copper wire." decreased by $ 30 million (the value of imports of commodity group 7408 to European Union was equal to $898 million in 2022)
Imports of commodity group 7408 "Copper wire." accounted for 0.031% of total import flow to European Union (in 2023, total imports to European Union amounted to $ 2.71 trillion). The share of commodity group 7408 in total imports to European Union increased by 0.002 p.p. compared to 2022 (it was 0.029% in 2022 and cumulative imports to European Union were equal to $ 3.02 trillion).
Imports of commodity group 7408 reached 5.85% of total imports of group "" to European Union in 2023 (imports of commodity group to European Union totalled $14.8 billion in 2023). The share of purchases of commodity group 7408 in total imports of commodity group to European Union increased by 0.825 p.p. compared to 2022 (it was 5.03% in 2022, and imports of commodity group to European Union accounted for $17.8 billion).
Imports of commodity group 7408 reached 99 percent of total imports of group "" to European Union in 2023 (imports of commodity group to European Union totalled 868 million USD in 2023). The share of purchases of commodity group 7408 in imports of commodity group to European Union went down by 0 p.p. compared to 2022 (it was 100 percent in 2022, and imports of commodity group to European Union accounted for 898 million USD).
Where does European Union import Copper wire. from?
Top trading partners (import of "Copper wire.") of European Union in 2023:
- Turkey with a share of 60% (523 million US$)
- Egypt with a share of 9.44% (82 million US$)
- Vietnam with a share of 6.12% (53 million US$)
- China with a share of 3.97% (34 million US$)
- USA with a share of 3.32% (28 million US$)
- Japan with a share of 2.46% (21 million US$)
- Serbia with a share of 2.42% (21 million US$)
- Uzbekistan with a share of 2.33% (20 million US$)
- Peru with a share of 2.01% (17.4 million US$)
- Mexico with a share of 1.52% (13.2 million US$)
Imports structure of 7408 - Copper wire. - to European Union in 2023 represented by the following main commodity groups:
- 50% (435 million US$): 740819 - Copper wire, of ref. copper (excl. of 7408.11)
- 29% (255 million US$): 740811 - Copper wire, of ref. copper of which the maximum cross-sectional dim. exceeds 6mm
- 11.4% (99 million US$): 740821 - Wire of copper-zinc base alloys (brass)
- 8.05% (69 million US$): 740829 - Wire of copper alloys (excl. of 7408.21 & 7408.22)
- 0.893% (7.75 million US$): 740822 - Wire of copper-nickel base alloys (cupro-nickel)/copper-nickel-zinc base alloys (nickel silver)
